Chinese perspective on global tyre industry published

ERJ staff report (DS)

Beijing -- China Research and Intelligence has published a report titled, Research Report on Global Tire Industry, 2010-2011 . The 70-page report was first published in May 2010 and is available for a price of around US$3200, depending on delivery options.

The publishers say, "According to China's National Bureau of Statistics, Chinese tyre production totaled 655 million in 2009, growing by 18 percent year-on-year. According to China Customs, the tyre export and import volumes of China in 2009 amounted to 2.96 billion kg and 75.15 million kg, growing by 846.5 percent year-on-year and 1,011.5 percent year-on-year respectively; the export value came up to USD 7.69 billion, 4.7 percent decrease over 2008; the import value was USD 432 million, rising by 12.3 percent year-on-year. In 2010, Chinese tyre industry maintained vigorous growth. In the previous two months of 2010, Chinese rubber tyre production was raised by 40.34 percent year-on-year, reaching 98.56 million. Among that, the production of radial tyres was 50.42 million, 56.82 percent increase over that in the same period of 2009. In 2010Q1, Chinese tyre export volume and value amounted to 777 million kg and CNY 2.05 billion, increasing by 47.4 percent year-on-year and 43 percent year-on-year respectively; the tyre import volume and value totaled 20.45 million kg and USD 111 million, going up by 46.4 percent year-on-year and 35.8 percent year-on-year separately."

ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.

This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.

Home page of report on Research & Markets website